Skechers Schedule 13D/A — Reporting Persons Cease Ownership After Merger

Rhea-AI Filing Summary

The Amendment No. 4 to the Schedule 13D for Skechers U.S.A., Inc. (Class A Common Stock) updates prior disclosures and functions as an exit filing for reporting persons Robert Greenberg and the Skechers Voting Trust. It states that the previously announced transaction completed pursuant to the Agreement and Plan of Merger on September 12, 2025, and that the related Support Agreement was terminated in accordance with its terms.

The filing reports that, effective September 12, 2025, the reporting persons have ceased to beneficially own any shares of the issuer's common stock and no longer beneficially own more than 5% of the class. Exhibits listed include the Support Agreement and the Merger Agreement incorporated by reference.

Positive

• Merger completed on September 12, 2025, as stated in the filing
• Reporting persons ceased beneficial ownership and filed an exit amendment documenting the change
• Support Agreement terminated in accordance with its terms, per the filing
• Relevant agreements (Support Agreement and Merger Agreement) are cited as exhibits for review

Negative

• None.

Insights

M&A Specialist

TL;DR: The merger closed and prior large shareholders exited; filing documents completion and termination of the support agreement.

The Amendment confirms completion of a previously announced merger on September 12, 2025, and that the reporting parties no longer hold beneficial ownership above the 5% threshold. This is a routine post-closing disclosure that documents transaction mechanics and contract termination. The filing references the Merger Agreement and Support Agreement as exhibits, enabling review of terms by investors and analysts.

Corporate Governance Expert

TL;DR: Exit filing documents change in significant insider ownership status following consummation of a merger.

The Schedule 13D amendment functions as an exit notice for Robert Greenberg and the Skechers Voting Trust, indicating the cessation of beneficial ownership in the issuer's common stock. The filing restates updated cover-page ownership figures of 0.00 shares and clarifies that Items 4 and 6 are supplemented to reflect transaction completion and termination of the Support Agreement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)

Skechers U.S.A., Inc.

(Name of Issuer)

Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

830566105

(CUSIP Number)

Ted Weitzman, Associate
General Counsel, Skechers U.S.A., Inc., 228 Manhattan Beach Blvd.
Manhattan Beach, CA, 90266
(310) 318-3100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/12/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 830566105

1

Name of reporting person

Robert Greenberg

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.00 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 830566105

1

Name of reporting person

Skechers Voting Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.00 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, par value $0.001 per share
(b)	Name of Issuer: Skechers U.S.A., Inc.
(c)	Address of Issuer's Principal Executive Offices: 228 Manhattan Beach Blvd., Manhattan Beach, CALIFORNIA , 90266.
Item 4.	Purpose of Transaction
	This Amendment No. 4 (the "Amendment") amends the Statement on Schedule 13D that was filed with the Securities and Exchange Commission on June 23, 2016, as amended by Amendment No. 1 filed on June 30, 2016, as further amended by Amendment No. 2 filed on November 10, 2022, as further amended by Amendment No. 3 filed on May 5, 2025 (the "Schedule 13D"), by Robert Greenberg and the Skechers Voting Trust. Capitalized terms used in this Amendment but not otherwise defined herein shall have the meanings ascribed to them in the Schedule 13D. Except as specifically amended hereby, items in the Schedule 13D remain unmodified. This Amendment constitutes an exit filing for Robert Greenberg and the Skechers Voting Trust. As further described in this Amendment, the previously announced Transaction was completed pursuant to the Merger Agreement. As a result, effective September 12, 2025, Robert Greenberg and the Skechers Voting Trust have ceased to have beneficial ownership of any shares of the Issuer's Common Stock. This Amendment supplements the disclosure in Item 4 of the Schedule 13D by adding the following: Merger Agreement: On September 12, 2025, the previously announced Transaction was completed pursuant to the Merger Agreement. Support Agreement: In connection with the consummation of the Transaction, the Support Agreement was terminated in accordance with its terms.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of the Schedule 13D is hereby amended and restated in its entirety as follows: The responses of the Reporting Persons to Rows (11) through (13) of the cover pages of the Amendment to this Schedule 13D are incorporated herein by reference.
(b)	Item 5(b) of the Schedule 13D is hereby amended and restated in its entirety as follows: The responses of the Reporting Persons to Rows (7) through (10) of the cover pages of the Amendment to this Schedule 13D and Item 5 (a) hereof are incorporated herein by reference.
(c)	Not applicable.
(d)	Not applicable.
(e)	Item 5(e) of the Schedule 13D is hereby amended and restated in its entirety as follows: On September 12, 2025, the Reporting Persons ceased to beneficially own more than five percent of the Issuer's Common Stock.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	This Amendment supplements the disclosure in Item 6 of Schedule 13D by adding the following: The information set forth in Item 4 of this Amendment is incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	99.1 Support Agreement, dated as of May 4, 2025 (incorporated by reference to Exhibit 10.2 of the Issuer's Form 8-K filed with the Securities and Exchange Commission on May 5, 2025). 99.2 Agreement and Plan of Merger, dated as of May 4, 2025, by and among Beach Acquisition Co Parent, LLC, Beach Acquisition Merger Sub, Inc. and Skechers U.S.A., Inc. (incorporated by reference to Exhibit 2.1 of the Issuer's Form 8-K filed with the Securities and Exchange Commission on May 5, 2025).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Robert Greenberg

Signature:	/s/ Robert Greenberg
Name/Title:	Robert Greenberg
Date:	09/12/2025

Skechers Voting Trust

Signature:	/s/ Robert Greenberg
Name/Title:	Robert Greenberg, as Trustee
Date:	09/12/2025

FAQ

What does the Schedule 13D/A filed for SKX state about ownership?

The filing states that Robert Greenberg and the Skechers Voting Trust now report 0.00 shares beneficially owned and no longer own more than 5% of the Class A common stock.

When did the transaction referenced in the SKX Schedule 13D/A close?

The Amendment states the transaction was completed on September 12, 2025 pursuant to the Agreement and Plan of Merger.

Was the Support Agreement related to the SKX transaction terminated?

Yes. The filing states the Support Agreement was terminated in accordance with its terms in connection with consummation of the transaction.

What exhibits are referenced in the SKX Schedule 13D/A?

Exhibits listed include the Support Agreement dated May 4, 2025 and the Agreement and Plan of Merger dated May 4, 2025, incorporated by reference.

Who signed the Schedule 13D/A for SKX?

The filing is signed by Robert Greenberg and by Robert Greenberg as Trustee of the Skechers Voting Trust, dated September 12, 2025.